Aston Martin faces major losses amid trade, cyber woes, and cost cuts as it struggles to stay competitive in a tough luxury market.
WPP launches a review to address declining performance, potential job cuts, and a push into AI. Aston Martin reduces investment plans and reports significant losses due to US tariffs and weak Chinese demand. Both companies are re-evaluating strategies to stabilize finances amid macroeconomic headwinds.
Volkswagen is investing €3 billion in a new R&D center in Hefei, China, marking a major shift from its traditional overseas-developed models to locally tailored vehicles. This move aims to regain market share amid rising local competitors and a changing Chinese auto market, especially in electric vehicles.